The Canadian dollar reversed the temporary trend, as we expected during the previous analysis after it failed to maintain its positive stability above the support level of 1.3600, explaining that the decline below the mentioned level will immediately stop any attempts to rise and lead the pair to the official …

Oil, Crude, trading

crude oil futures prices achived strong gains within the expected bullish path during the previous analysis, touching the retest target 75.30, surpassing the required target, and recording a high of 76.35. On the technical side today, and with a closer look at the 4-hour chart, we find that stochastic started …

Gold prices jumped during the previous trading session, taking advantage of the pressure on the US dollar index after the US inflation data, and as a reminder, we adhered to intraday neutrality during the previous technical report due to the conflicting technical signals, explaining that the activation of buying positions …

A noticeable surge for the euro-dollar pair yesterday, for the euro to take advantage of the weakness of the US dollar after the inflation data, and as a reminder, we preferred to monitor the price behavior of the pair waiting for trading orders to be activated, explaining that activating purchase …

Oil extended its gains on Tuesday, with supply disruptions and easing anti-Corona restrictions in China, the world’s largest crude importer. Brent crude futures rose 90 cents, or 1.15 percent, to $78.89 a barrel by 1020 GMT, while US West Texas Intermediate crude futures rose 67 cents, or 0.92 percent, to …

European stocks rose on Tuesday as investors hoped that US inflation data due for release later in the day would allow the Federal Reserve to slow the pace of interest rate hikes. The pan-European Stoxx 600 index was up 0.1 percent by 0812 GMT. Technology stocks led the index, rising …

Data showed on Tuesday that Turkish industrial production increased 2.5 percent year-on-year in October, much larger than expected, continuing its year-on-year growth for the 28th month. Data from the Turkish Statistical Institute showed that industrial output also rose 2.4 percent from September on a seasonally adjusted basis.

Japan’s Nikkei rose on Tuesday, briefly crossing the 28,000-point mark for the second time this month, as investors prepare for US inflation data and the Federal Reserve’s monetary policy decision. The Nikkei closed up 0.4 percent at 27954.85, after reaching its highest level since December 1st at 28116.56, but then …

Oil, Crude, trading